The Forestry Industry Outlook for 2024 presents an analysis of a sector that plays a crucial role in environmental stewardship and economic growth. Urban forestry and advanced forest management techniques show a forward-looking approach to resource utilization. The report explores key trends, firmographic data, investment patterns, and technological advancements pushing the forestry sector toward a sustainable future.
This forestry industry report serves as a reference for stakeholders within the industry, investors, policymakers, nonprofits, non-governmental organizations (NGOs), and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years.
StartUs Insights Forestry Industry Outlook 2024
- Executive Summary
- Introduction to the Forestry Industry Report 2024
- What data is used in this Forestry Industry Report?
- Snapshot of the Global Forestry Industry
- Funding Landscape in the Forestry Industry
- Who is Investing in the Forestry Solutions?
- Emerging Trends in the Forestry Industry
- 5 Innovative Forestry Startups
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Executive Summary: Forestry Outlook 2024
This report is created using data obtained from the Big Data and AI-powered StartUs Insights Discovery Platform, covering more than 4.7 million global companies, as well as 20K+ technologies and emerging trends. We also analyzed a sample of 700+ forestry industry startups developing innovative solutions to present five examples from emerging forestry industry trends.
- Industry Growth Overview: The forestry market report shows an industry comprising over 8200 companies and experiencing an annual growth rate of -6.8%.
- Manpower & Employment Growth: More than 745000 employees work in this sector and has seen an addition of 32000 new workers last year.
- Patents & Grants: The forestry sector holds over 183000 patents, which reflects high innovation levels. In addition, it has received 500 grants.
- Global Footprint: Key country hubs include the US, Canada, Germany, the UK, and Australia. Major cities such as London, Edmonton, Auckland, Melbourne, and Vancouver contribute to a broad global footprint.
- Investment Landscape: The average investment value per funding round stands at USD 56.3 million, and over 1000 funding rounds have been completed.
- Top Investors: Key investors, including Nors, IDB Invest, Addtech, and more have collectively invested over USD 290 million.
- Startup Ecosystem: Promising startups in the field include Flai (Automated Lidar Point Cloud Classification), Plantvation (Forestry Seedlings Cultivation), ePlant (Remote Monitoring of Trees and Vines), CarbonCrop (Forest Carbon Software), and Sand to Green (Agroforestry & Desalination).
- Recommendations for Stakeholders: Investors should prioritize sustainable projects with transparent ESG practices. Entrepreneurs must innovate in sustainable forest management, wood product diversification, and biomass energy solutions. Further, governments should strictly enforce regulations and incentivize sustainable practices while driving high-impact conservation efforts.
Explore the Data-driven Forestry Industry Report for 2024
The Forestry Industry Report 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation. It includes data from 746 startups and over 8200 companies. Despite a 6.80% decline in industry growth over the past year, the sector shows resilience with innovation. This is evident by over 183000 patents and 500+ grants activity in the industry globally.
Manpower in the forestry industry exceeds 745000 employees globally, with an increase of 32000 employees in the last year. This represents an ongoing investment in human resources. Major country hubs include the US, Canada, Germany, the UK, and Australia, while top city hubs feature London, Edmonton, Auckland, Melbourne, and Vancouver. These hubs serve as key centers of startup activity and innovation.
What data is used to create this forestry industry report?
Based on the data provided by our Discovery Platform, we observe that the forestry industry ranks among the top 5% in the following categories relative to all 20K topics in our database. These categories provide a comprehensive overview of the industry’s key metrics and inform the short-term future direction of the industry.
- News Coverage & Publications: Over 6300 news articles and publications in the last year highlight significant media attention.
- Funding Rounds: The industry has witnessed more than 1000 funding rounds. This demonstrates financial investment and stakeholder confidence.
- Manpower: It has a workforce of over 745000 employees and saw an addition of 32000 new employees last year.
- Patents: The forestry sector holds more than 183000 patents. This indicates a high level of innovation and intellectual property development.
- Grants: Over 500 grants have been awarded within the industry. This shows support for research and development initiatives.
- Yearly Global Search Growth: The global annual search growth is 1.82%, representing continued public and professional interest in forestry-related topics.
- and more. Get in touch to explore all the data points used to create this forestry industry report.
A Snapshot of the Global Forestry Industry Industry
The forestry industry shows growth across various key metrics. Globally, it has a workforce of over 745000 employees reflecting a strong manpower base. The sector saw an increase of 32000+ employees last year. It is a representation of ongoing expansion and investment in human resources. The industry also comprises 8200+ companies and highlights its extensive reach and diversity.
Explore the Funding Landscape of the Forestry Industry
From a financial perspective, the forestry industry shows steady investment activity. The average investment value per funding round stands at USD 56.3 million. Over 500 investors actively participate in the industry and contribute to over 1000 funding rounds. Further, more than 400 companies have received investments that show investor confidence and support across the sector.
Who is Investing in the Forestry Industry?
The forestry sector has attracted investment from the top investors who have collectively contributed over USD 290 million.
- Nors has invested USD 112.5 million across 2 companies.
- IDB Invest has allocated USD 97 million to 3 companies.
- Addtech has invested USD 58.3 million in 3 companies.
- Criterion Africa Partners has contributed USD 17.1 million to 4 companies.
- Alamo Group has invested USD 6 million across 3 companies.
- ACF Investors has invested USD 3.6 million in 2 companies.
- Government of Canada has supported 2 companies with USD 2.1 million.
- Mercy Corps Ventures has invested USD 512K in 2 companies.
- and more. Connect with us to explore all investment data in the forestry industry
Access Top Forestry Industry Innovations & Trends with the Discovery Platform
Explore the growing trends in the forestry sector along with the firmographic data:
- Forest Management has over 1050 companies involved in forest stewardship and resource optimization. This sector employs more than 126K individuals and added over 4K new employees last year. The annual trend growth rate for forest management is 13.6%.
- Sustainable Forestry includes over 460 companies dedicated to sustainable forestry practices. It employs more than 77K workers and over 2K new employees joined in the last year. The annual trend growth rate of 11.73% represents the increasing emphasis on sustainability within the forestry industry.
- Urban Forestry addresses the management and care of trees in urban environments. With over 200 companies involved, this sector employs more than 6K individuals dedicated to enhancing urban green spaces. In the last year, the industry added over 420 new employees. The annual trend growth rate for urban forestry is 4.65%.
5 Top Examples from 700+ Innovative Forestry Industry Startups
The five innovative startups showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Book a platform demo to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
Flai offers Automated Lidar Point Cloud Classification
Slovenian startup Flai conducts forestry inventory checks using LiDAR data. The Flai web application applies a proprietary AI model for forestry applications and classifies point clouds like ground, low understory, medium understory, high understory, high vegetation, tree trunk, and fallen trees. The machine learning on aerial LIDAR point clouds enhances the classification process. Further, the extracted vector outputs include tree top detection, trunk detection with fitted 3D lines, and DBH (diameter at breast height) of tree trunks. Flai enhances carbon trading, mapping, and detailed forest inventories.
Plantvation facilitates Forestry Seedling Cultivation
Swedish startup Plantvation offers QS GreenBox, an automated cultivation system in a closed environment. The QS GreenBox – Stationary installation supports large-scale seedling production with a batch capacity of up to millions of seedlings. This system operates within a 100 sqm floor area and requires only electricity and water connections. QS GreenBox – Innovation provides a small-scale cultivation box for verifying results in the QS Feasibility Study. This box also serves R&D purposes, allowing experimentation with new nutrients, substrates, and species.
ePlant enables Remote Monitoring of Trees and Vines
US-based startup ePlant offers a wireless tree care device TreeTag for monitoring trees or vines. Its onboard sensors include a dendrometer, accelerometer, light sensor, thermometer, and hygrometer for capturing hyper-local environmental conditions. The data from TreeTag transmits to an internet gateway and is available in real-time. Further, the onboard solar panel and hybrid capacitor power the device. The Data Portal allows businesses to view and download sensor data from multiple TreeTags over a designated period. The ePlant app activates TreeTags during installation and displays current sensor measurements. ePlant provides insights into water stress, growth, and environmental conditions.
CarbonCrop builds Forest Carbon Software
New Zealand-based startup CarbonCrop measures, monitors, and monetizes carbon removals on land and in supply chains. Its platform quantifies carbon removals and provides a carbon sequestration picture. The businesses are able to forecast, re-forecast, and scenario plan for better carbon management. The platform also creates value from non-ETS carbon reduces net emissions footprints and enables low-carbon product creation.
Sand to Green supports Agroforestry & Desalination
French startup Sand to Green develops ecological and sustainable plantations in arid environments. Its agroforestry software ensures adaptation to the planting site and modularity of planting. The platform offers custom agroforestry designs for specific environmental conditions. Further, the personalized cost and revenue management feature optimizes financial planning for each project. The agroforestry model addresses challenges like encroaching deserts and land degradation.
Gain Comprehensive Insights into Forestry Industry Trends, Startups, or Technologies
The Forestry Industry Outlook shows a sector experiencing changes driven by the need for sustainable practices, technological advancements, and more investments. The key trends like urban forestry and advanced management techniques highlight the industry harmonizing ecological concerns with economic progress. Reach out to us to explore all 700+ startups and scaleups, as well as all industry trends impacting forestry companies.
